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Title: In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar exchange ...
Post by: insherro on Jan 24, 2017
In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar exchange rate was 1.10. What happened to the exchange rate during this period?
A) Euro appreciated against the dollar.
B) Euro depreciated against the dollar.
C) Dollar appreciated against the euro.
D) Both B and C.


Title: Re: In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar ...
Post by: toogoo on Jan 24, 2017
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